subject: Top 10 Companies In The Us Insurance Industry: It Spending Predictor 2010 [print this page] This databook provides estimates of IT spending for the top 10 companies in the US Insurance industry. The databook is a comprehensive source of IT spending by company, including assessment by technology and channel. The databook also provides information on the IT contracts of these companies where available.
Scope
*Tthe top 10 companies in the US insurance sector in terms of IT spending
*A breakdown of the estimated IT budget by technology for each of the top 10 companies
*A breakdown of the estimated IT budget by channel for each of the top 10 companies
*Details of IT services contracts by company where available
Highlights
The top 10 companies in the US insurance industry in terms of estimated IT spending spent the largest portion of their IT budgets on services, a segment that accounted for about 29% of the IT budgets among these firms. This was followed by spending on hardware and software.
Among the top 10 companies, a major portion of IT spending is allocated to internal IT. Internal IT alone accounted for approximately 23% of the total estimated IT spending by these companies. Berkshire Hathaway, Inc. remained the leading companies in terms of IT spending, followed by MetLife, Inc and United Healthcare Insurance Company.
Reasons to Purchase
*Gain insight into IT budget breakdown of top10 companies in US insurance industry and identify notable areas of allocation
*Identify organizations with top IT expenditures in your target markets
*Leverage IT spending pattern information to tailor account targeting based on company demographics
Table of Contents :
TABLE OF CONTENTS
OVERVIEW 1
Catalyst 1
Summary 1
INTRODUCTION 9
Reasons to Purchase 9
Definitions 9
US INSURANCE INDUSTRY: ESTIMATED SPENDING ON IT 12
Overview 12
Estimated spending by technology segment 14
Estimated IT spending by channel 16
BERKSHIRE HATHAWAY, INC. 18
Budget overview 18
Berkshire Hathaway, Inc., estimated spending on IT 19
Berkshire Hathaway, Inc., estimated IT spending by channel 23
METLIFE, INC 26
Budget overview 26
MetLife, Inc, estimated spending on IT 27
MetLife, Inc, estimated IT spending by channel 31
MetLife, Inc, IT Contracts 33
UNITED HEALTHCARE INSURANCE COMPANY 35
Budget overview 35
United Healthcare Insurance Company, estimated spending on IT 36
United Healthcare Insurance Company, estimated IT spending by channel 40
AMERICAN LIFE INSURANCE COMPANY 43
Budget overview 43
American Life Insurance Company, estimated spending on IT 44
American Life Insurance Company, estimated IT spending by channel 48
STATE FARM INSURANCE COMPANIES 51
Budget overview 51
State Farm Insurance Companies, estimated spending on IT 52
State Farm Insurance Companies, estimated IT spending by channel 56
AETNA INCORPORATED 59
Budget overview 59
Aetna Incorporated, estimated spending on IT 60
Aetna Incorporated, estimated IT spending by channel 64
LIBERTY MUTUAL HOLDING COMPANY, INC. 67
Budget overview 67
Liberty Mutual Holding Company, Inc., estimated spending on IT 68
Liberty Mutual Holding Company, Inc., estimated IT spending by channel 72
PRUDENTIAL FINANCIAL 75
Budget overview 75
Prudential Financial, estimated spending on IT 76
Prudential Financial, estimated IT spending by channel 80
Prudential Financial, IT Contracts 82
LIBERTY MUTUAL GROUP, INC. 87
Budget overview 87
Liberty Mutual Group, Inc., estimated spending on IT 88
Liberty Mutual Group, Inc., estimated IT spending by channel 92
LIBERTY MUTUAL INSURANCE COMPANIES 95
Budget overview 95
Liberty Mutual Insurance Companies, estimated spending on IT 96
Liberty Mutual Insurance Companies, estimated IT spending by channel 100
